Finovate Capital

📍 Mumbai, India🗓 Founded 2018👥 9 employees💰 Last funded Jun 2019
Financial Services🌐 finovatecapital.in
Website LinkedIn
Finovate Capital is an innovative Fintech platform that is providing short term finance to MSME/SME customers. We are looking to combine the traditional approach of credit distribution with state of the art fintech platform to bring together best of both worlds and driving immense efficiencies in an erstwhile traditional business. Supply Chain Finance is a great example of a traditional paper-based industry dominated by banks that focus on large, established corporate customers only. MSME, that account for 45% of India's GDP, remain largely neglected by banks. We want to change that using technology in a very innovative manner to bring Supply Chain Financing to the mainstream with seamless access to capital at the click of a button and creating an unmatched distribution network. Finovate Capital has a strong institutional investor backing, founders are INSEAD, Wright State, serial entrepreneurs with deep experience in the Fintech, BFSI, Enterprise Sales, from earlier working with organizations like Credit Suisse, Samsung Pay, Kapital Tech, Oracle, IBM, Informatica. Products: Invoice Discounting, Receivables Financing, Unsecured Business Loans, Working Capital Loans, Early Payments.
2
Total investors
2
Early stage
0
Mid stage
0
Late stage
2018
Founded

Investors

2 investors
All
Early stage
Mid stage
Late stage
Investor geography2 countries
United States
1
United Kingdom
1
Frequently asked questions
Who invested in Finovate Capital?
Finovate Capital has 2 investors on record on gritt.io, including 2 early-stage backers.
When did Finovate Capital last raise funding?
The most recent investment in Finovate Capital recorded on gritt.io was in June 2019.
When was Finovate Capital founded?
Finovate Capital was founded in 2018.
What industry is Finovate Capital in?
Finovate Capital operates in Financial Services. Find similar Financial Services investors on gritt.io.
Where is Finovate Capital based?
Finovate Capital is headquartered in Mumbai, India.